Saturday, April 20, 2024

International Monetary Fund data predicted on Saturday that Iraq will rank fourth in the world's fourth-highest growing Arab economies in 2025, 20 APRIL

  Iraq is the fourth Arab with the highest growing economies in the world in 2025

Economy News - Baghdad

International Monetary Fund data predicted on Saturday that Iraq will rank fourth in the world's fourth-highest growing Arab economies in 2025.

In a report followed by NRT Arabia, the IMF said that the global economy is likely to continue to grow at a rate of 3.2% in the years 2024 and 2025, and Saudi Arabia is expected to be among the Arab countries that are witnessing positive growth during that period.

With expectations of an increase in economic growth, the International Monetary Report reflects optimism about Arab and global economies in general, and that Saudi Arabia may be at the forefront of Arab countries in terms of economic growth in the coming years.

According to the IMF report, Saudi Arabia topped the Arab countries in terms of economic growth rate in 2025, with a growth of 6 percentage points, followed by Mauritania with an expected growth rate of 5.5 percentage points, followed by Sudan with an expected growth rate of 5.4 percentage points, and Iraq came fourth with an expected rise of 1.3 percentage points to reach a growth rate of 5.3 percentage points.

Egypt came fifth in terms of economic growth rate for 2025, with an expected growth of 4.4 percentage points, followed by the UAE with an expected growth of 4.2 percentage points, followed by Kuwait with an expected growth of 3.8 percentage points, Morocco with an expected growth of 3.3 percentage points, Bahrain came ninth with an expected growth of 3.2 percentage points, followed by Algeria with an expected growth rate of 3.1 percentage points.

In 11th place, Oman came with an expected growth of 3.1 percentage points, followed by Jordan with an expected growth of 3 percentage points, followed by Qatar with an expected growth rate of 2 points, and Tunisia in last place with an expected growth of 1.8 percentage points.

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